Flour 1. check 3 month wheat contract. Mflour grain division will make a huge realize gain from commodity trade. Oct'21 Wheat USD 720/BU and now USD 820/BU.
2. Mflour new flour plant got 6 huge SILO able to keep 2.5 month inventory and old plant with 2 concrete old pattern SILO that able to keep another 2 months inventory.
Poultry JV Unfortunate poultry processing segment still in RED due to high depreciation and unable to reach optimum utilization rate. According to the source, they are now renovating the old plant to expand its further process division that solely carter for Macfood order a.k.a Tyson.
Before the JV Macfood only contribute less than 3% of Dinding's overall revenue, but with all the synergy, Macfood will swift back all their order from Leong Hup and Huat Lai to Dinding as agredd upon. And internally targeted will generate profit starting quarter 1 2022.
Teo Seng made great profit on last quarter. Hopefully, Mflour can triple its profit compared to the corresponding quarter last year. A special dividend is visible...
Indication that poultry stocks normalize Teo Seng is the first with increased revenue. Likely mflour will be same. Number of poultry players has decrease
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Lukesharewalker
6,535 posts
Posted by Lukesharewalker > 2021-12-21 09:53 | Report Abuse
Accumulation seen. Road block set up.
Double bottom potential